Japanese Prime Minister Shinzo Abe said he would meet the head of Toyota Motor Corp on Friday, as Tokyo compiles a plan to ward off U.S. criticism of Japanese trade policy before a summit with President Donald Trump next week. Trump, who has pledged to put ... ( read original story ...)
Tokyo Electric scraps uranium supply contract with Canada’s Cameco
Canadian uranium producer Cameco Corp said on Wednesday that Tokyo Electric Power (Tepco) , the operator of Japan’s wrecked Fukushima nuclear plant, had scrapped its uranium supply contract with the company. Cameco, one of the world’s largest uranium ... ( read original story ...)
Japan hits back at Trump’s devaluation claims
Japanese policy makers hit back at U.S. President Donald Trump ... the BOJ adopted a massive asset-buying program in 2013 praised for boosting exporters’ profits and brightening business sentiment through a weak yen. The yen has fallen 20 per cent ... ( read original story ...)
Canon unlikely to help Toshiba with investment in memory chip business
TOKYO Japan's Canon Inc said would be difficult to invest in Toshiba Corp's memory chip business, dousing hopes that the struggling conglomerate could count on its business partner for help as it scrambles for funds to offset a multi-billion dollar writedown. ( read original story ...)
Toshiba, Desperate for Cash After Scandal, Will Sell Microchip Business
TOKYO — Ill-fated investments in nuclear power projects by Toshiba of Japan have already precipitated an embarrassing accounting scandal at the company. Now the company is selling its most valuable business to try to undo the damage. Toshiba, one of ... ( read original story ...)
Toshiba to sell part of chip business, first step in offsetting huge charge
may seem like a natural buyer of a large stake in the chip business, a sale might be difficult to pull off before March as it would likely invite a review by anti-trust regulators. Toshiba will hold a news conference at 4.30 Tokyo time (0730 GMT). ( read original story ...)
Toshiba to spin off flash memory unit to offset nuclear business losses
TOKYO -- Toshiba Corp. says it will split its lucrative flash memory business to make up for losses from its troubled U.S. nuclear business, and is looking for a third-party capital injection. The company said its board approved the plan Friday to sell an ... ( read original story ...)
Toshiba to spin off flash memory unit to offset US nuke loss
A woman walks past the Logo of Toshiba in Kawasaki near Tokyo, Friday, Jan. 27, 2017. Toshiba Corp. says it will split its lucrative flash memory business to make up for losses from its troubled U.S. nuclear business and is looking for a third-party ... ( read original story ...)
Japan sees 1st trade surplus on cheaper oil, China rebound
TOKYO - Japan posted its first trade surplus in six years in 2016 thanks to a rebound in exports late in the year and persisting low oil prices, though uncertainties over U.S. policy and global growth are overshadowing the recovery. The 4.1 trillion yen ($ ... ( read original story ...)
Japan urged to tap young workforce ahead of 2030: report
The task force involves academics and members of the council, including Sadayuki Sakakibara, chairman of the Japan Business Federation, the country’s largest business lobby known as Keidanren. The report calls for improving the child-rearing and nursing ... ( read original story ...)
Japan reports 1st trade surplus in 6 years on cheaper oil
TOKYO: Japan reports that it posted a trade surplus in 2016, the first in six years, as lower oil prices pulled imports lower. The 4.1 trillion yen ($35.8 billion) surplus compared with a 2.8 trillion yen deficit in 2015. Exports fell 7.4 per cent from a ... ( read original story ...)
Japan sees first trade surplus in six years amid falling imports
Japan posted its first trade surplus in six years in 2016 as imports slumped on falling energy prices, the Finance Ministry said Wednesday. The surplus stood at ¥4.07 trillion ($35.76 billion). The value of imports tumbled 15.9 percent to ¥65.97 trillion ... ( read original story ...)
Japan government: fiscal targets slip further as tax revenue falls
TOKYO Japan's government said on Wednesday that the primary deficit will worsen in coming years, even according to its most optimistic forecasts, because of falling tax revenue and weak consumer spending. The forecasts, released by the Cabinet Office ... ( read original story ...)
Japanese Prime Minister Shinzo Abe is still pitching Trump on TPP
Japan's Prime Minister Shinzo Abe makes a policy speech at the start of the ordinary session of parliament in Tokyo Thomson Reuters TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday he believed U.S. President Donald Trump understood the ... ( read original story ...)
The best business class on Sydney-Tokyo flights
Receive 75,000 Qantas Points when you spend $2,500 on eligible purchases in the first 3 months plus no annual fee for the first year. T&Cs, fees and charges. Online offer only. Click here to apply now. Jetting from Sydney to Tokyo’s Haneda or Narita ... ( read original story ...)
Toshiba to unveil extent of U.S. nuclear business writedown on February 14
TOKYO Japan's Toshiba Corp (6502.T) said it will unveil the extent of the writedown on its U.S. nuclear business on Feb. 14 when it reports its results for the quarter ended Dec. 31. The laptops-to-engineering conglomerate, still recovering from a $1.3 ... ( read original story ...)